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    Description

    Finest Certified 1863 Indian Cent
    With 'L' Pattern, Judd-302
    PR67 ★
    Ultra Cameo

    1863 1C One Cent, Judd-302, Pollock-365, High R.7, PR67 ★ Ultra Cameo NGC.
    Design.
    The obverse features the adopted design for 1864 (but dated 1863), with the pointed bust truncation and Longacre's "L" initial on the ribbon. The reverse displays the standard oak wreath and shield motif used for regular-issue coinage in 1863. Struck in copper-nickel with a plain edge.

    Commentary.
    At first glance, Judd-302 seems to be a transitional pattern, a bridge between the old copper-nickel cent and the thinner Civil War-era bronze cent. A closer look at the reverse die reveals that it was first used on regular coinage in 1871 (per Richard Snow). This circumstance is convincing evidence that Judd-302 is a restrike issue, possibly made for sale to collectors during the 1870s.

    A letter from William F. Hidden to the editor of The Numismatist in the December 1903 issue reports the discovery of Judd-302. Hidden writes, "This little L is extremely small, but is intentionally there to record Longacre's artistic design of workmanship. ... I cannot learn of any example but this one of mine and it is a Proof. It came from our old friend, Wm. P. Brown, among a lot of Proofs." The letter is dated November 8, 1903. The first auction appearance of Judd-303 (the same design, but in oroide) seems to predate this report by a few months. According to the ninth edition of the Judd pattern reference, an example was offered in the Comstock Collection (Lyman Low, 6/1903).

    Whatever its origins, Judd-302 is an extremely rare issue. Experts estimate a surviving population of fewer than six pieces. The issue has always been sought after and prized by collectors. A recent auction appearance was in The Lexington Collection (Bowers and Merena, 1/1994), lot 1540. To quote the cataloger in that sale, "This is one of the most desired, most famous of all Indian cent patterns--a true numismatic classic. It has been many years since we have handled one." The present offering is an important opportunity to acquire this rare and extremely popular pattern.

    Physical Description.
    A magnificently preserved specimen, worthy of the esteemed Star designation. Blazing, original red color highlights the pristine surfaces. The fields are extraordinarily deep in their reflectivity and set up a stark contrast against the heavily frosted devices. The strike is all one could ask, with crisp detail on all design elements. Extraordinary eye appeal and historical significance in one special package. NGC Census: The finest certified, the only PR67, and the only Judd-302 with a Star designation in any grade. PCGS Population: The finest certified is a lone PR66 Cameo example (12/08).

    Provenance.
    Ex: Public Auction Sale (Stack's, 6/1991), lot 627.
    From The Lemus Collection, Queller Family Collection Part Two.

    Coin Index Numbers: (NGC ID# 29EH, PCGS# 60457)


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Lemus Collection, Queller Family Collection Part Two ]

    Auction Info

    Auction Dates
    January, 2009
    7th-11th Wednesday-Sunday
    Bids + Registered Phone Bidders: 23
    Lot Tracking Activity: N/A
    Page Views: 1,575

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